Nebraska 2025 2025-2026 Regular Session

Nebraska Legislature Bill LB622 Comm Sub / Analysis

Filed 02/19/2025

                    One Hundred Ninth Legislature - First Session - 2025
Introducer€s Statement of Intent
LB622
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Chairperson: Senator R. Brad von Gillern
Committee: Revenue
Date of Hearing: February 21, 2025
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The following constitutes the reasons for this bill and the purposes which are sought to be
accomplished thereby:
LB622 intends to make the Nebraska Affordable Housing Trust Fund more efficient and
effective by getting funds to granting agencies more quickly and making the funds revolve
as much as possible. The bill also proposes a doc stamp increase for the purpose of down
payment assistance.
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Principal Introducer:________________________________
Senator Robert Dover
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